Makati Finance (PHS:MFIN) Buildings And Improvements : ₱11.3 Mil (As of Dec. 2023)

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What is Makati Finance Buildings And Improvements?

Makati Finance's quarterly buildings and improvements stayed the same from Jun. 2023 (₱11.0 Mil) to Sep. 2023 (₱11.0 Mil) but then increased from Sep. 2023 (₱11.0 Mil) to Dec. 2023 (₱11.3 Mil).

Makati Finance's annual buildings and improvements stayed the same from Dec. 2021 (₱10.9 Mil) to Dec. 2022 (₱10.9 Mil) but then increased from Dec. 2022 (₱10.9 Mil) to Dec. 2023 (₱11.3 Mil).

Makati Finance Buildings And Improvements Historical Data

The historical data trend for Makati Finance's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Makati Finance Buildings And Improvements Chart

Makati Finance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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7.48

10.86

11.33

Makati Finance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial															10.86	10.94	11.03	11.03	11.33

Makati Finance Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Makati Finance (PHS:MFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Makati Finance Corp (PHS:MFIN) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

2301 Chino Roces Avenue, 3rd Floor Mazda Makati Building, Barangay Magallanes, Makati City, PHL, 1231

Website

http://www.makatifinance.ph

Makati Finance Corp provides financial services and advisory to its clients. The company's operations include sales and marketing, evaluation and approval of loan applications, and collection of loan accounts. The company derives revenues from the following main operating business segments of Rx Cashline Group; Business loans; MFC Factors Group; Motor Vehicles Financing Group and Others. Business loans division grants loans to finance business owners who wishes to expand its business or for the purpose of starting capital whereas Motor Vehicles Financing Group grants loans to motorcycle buyers. The company's assets producing revenues are located in the Philippines.